FTSE MIB Rises from 4-Month Low

2026-10-09 07:35 By Kyrie Dichosa 1 min. read

The FTSE MIB rose above 49,700 on Friday, recovering some ground after hitting a more than four-month low in the previous session, as falling oil prices offered some relief to markets.

US President Donald Trump said Washington would hold off on striking Iran before the November midterm elections, citing productive negotiations aimed at ending the conflict.

Banking shares led gains, with UniCredit rising 1.2%, Intesa Sanpaolo gaining 0.8%, Banco BPM adding 1.4% and FinecoBank climbing 2.1%, as investors monitored ongoing consolidation in Italy’s banking sector.

MPS faced opposition to its proposed acquisitions of Banco BPM and Banca Generali, while UniCredit’s takeover bid for Commerzbank remained in focus.

Industrial and consumer stocks also advanced, with Ferrari up 1.8%, Stellantis gaining 2% and Buzzi rising 2.9%.

Despite the intraday recovery, the benchmark was heading for a second consecutive weekly decline.



News Stream
FTSE MIB Rises from 4-Month Low
The FTSE MIB rose above 49,700 on Friday, recovering some ground after hitting a more than four-month low in the previous session, as falling oil prices offered some relief to markets. US President Donald Trump said Washington would hold off on striking Iran before the November midterm elections, citing productive negotiations aimed at ending the conflict. Banking shares led gains, with UniCredit rising 1.2%, Intesa Sanpaolo gaining 0.8%, Banco BPM adding 1.4% and FinecoBank climbing 2.1%, as investors monitored ongoing consolidation in Italy’s banking sector. MPS faced opposition to its proposed acquisitions of Banco BPM and Banca Generali, while UniCredit’s takeover bid for Commerzbank remained in focus. Industrial and consumer stocks also advanced, with Ferrari up 1.8%, Stellantis gaining 2% and Buzzi rising 2.9%. Despite the intraday recovery, the benchmark was heading for a second consecutive weekly decline.
2026-10-09
The FTSE MIB Index Closes 1.35% Lower
The FTSE MIB Index fell 674 points or 1.35 percent on Thursday to close at 49298 points. Leading the losses are STMicroelectronics (-3.59%), Telecom Italia (-3.55%) and Stellantis N.V. (-3.37%).
2026-10-08
FTSE MIB Plunges to Over Four-Month Low
The FTSE MIB closed 1.4% lower at 49,298 on Thursday, reaching a more than four-month low, weighed down by financials and Milan's bank mergers. Banks underperformed as French concerns continued to pressure the sector, while the Italian government held talks with banks and energy groups over a potential contribution to state finances. MPS fell 2.9% after its second-largest shareholder said it would not support its dual bid for Banco BPM (-2%) and Banca Generali. Crédit Agricole also decided not to tender its Banco BPM shares to MPS. Generali fell 1.4% amid reports it could be preparing a bid for Banca Generali. UniCredit dropped 3.1% as Germany’s finance minister said he was coordinating with counterparts on its takeover bid for Commerzbank. Stellantis lost 3% as higher fuel prices boosted demand for EVs. On the upside, utilities advanced after US-Russia talks on potential US investment in Nord Stream, a pipeline that delivered gas to Germany before the conflict with Ukraine.
2026-10-08